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Tesla Inc TSLA

Morningstar Rating
$179.83 +2.16 (1.22%)
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Company Report

Tesla’s Strategic Focus Shifts From Growth to Development of Affordable Vehicle and Cost Reductions

Tesla is one of the largest battery electric vehicle automakers in the world. In less than a decade, the company went from a startup to a globally recognized luxury automaker with its Model S and Model X vehicles. The company competes in the entry-level luxury car and midsize crossover sport utility vehicle markets with its Model 3 and Model Y vehicles. Tesla also sells a light truck—the Cybertruck, and a semi truck. The company plans to launch an affordable SUV and sports car in the coming years.

Price vs Fair Value

TSLA is trading at a 14% discount.
Price
$172.63
Fair Value
$645.00
Uncertainty
Very High
1-Star Price
$813.00
5-Star Price
$482.00
Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Tesla has the potential to disrupt the automotive and power generation industries with its technology for EVs, AVs, batteries, and solar generation systems.

Bears

Traditional automakers and new entrants are investing heavily in EV development, which will result in Tesla seeing a deceleration in sales growth and being forced to cut prices due to increased competition, eroding profit margins.

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News

Trading Information

Previous Close Price
$177.67
Day Range
$176.00181.91
52-Week Range
$152.37299.29
Bid/Ask
$180.23 / $180.28
Market Cap
$572.72 Bil
Volume/Avg
280,034 / 100.4 Mil

Key Statistics

Price/Earnings (Normalized)
57.45
Price/Sales
6.48
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield

Company Profile

Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2023 were a little over 1.8 million vehicles.
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Stock Style Box
Large Growth
Total Number of Employees
140,473

Competitors

Valuation

Metric
TSLA
F
GM
Price/Earnings (Normalized)
57.456.435.84
Price/Book Value
9.141.220.83
Price/Sales
6.480.300.36
Price/Cash Flow
40.423.843.19
Price/Earnings
TSLA
F
GM

Financial Strength

Metric
TSLA
F
GM
Quick Ratio
1.131.010.83
Current Ratio
1.731.201.08
Interest Coverage
58.102.8211.20
Quick Ratio
TSLA
F
GM

Profitability

Metric
TSLA
F
GM
Return on Assets (Normalized)
18.09%3.08%3.86%
Return on Equity (Normalized)
32.04%18.80%15.10%
Return on Invested Capital (Normalized)
26.54%4.23%5.38%
Return on Assets
TSLA
F
GM
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Auto Manufacturers Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
TM
Toyota Motor Corp ADRYwldffznFdcjq$342.7 Bil
STLA
Stellantis NVMbljlxcZbsx$87.0 Bil
MBGAF
Mercedes-Benz Group AGKmgwpkvzrNxhsg$85.2 Bil
RACE
Ferrari NVDpyyrkrcHsp$79.3 Bil
BMWYY
Bayerische Motoren Werke AG ADRQpgrlszmGmzbj$75.8 Bil
VWAGY
Volkswagen AG ADRDcxsdmgsXvfn$72.1 Bil
VWAPY
Volkswagen AG ADRSyzsbgmDfnj$72.1 Bil
HMC
Honda Motor Co Ltd ADRQdkmkqdFcw$60.7 Bil
F
Ford Motor CoPqzrdxxkyNpxzx$51.9 Bil

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